Press Release

On Flash Estimate of Gross Domestic Product in the 3rd quarter of 2009

In the 3rd quarter of 2009 compared to the same period of 2008 gross domestic product (GDP) value has decreased by 18.4%, according to flash estimate of the CSB*.

Value drops in retail trade remain - by 32%, in industry - by 17%, in public administration - by 16%. Also the value of not collected product taxes influences GDP.

Changes of GDP in the 1st quarter of 2004 - 3rd quarter of 2009, at constant prices  

More precise and extended rate and volume of GDP increase on third quarter of 2009 will be published in the press release of December 9, 2009.

* Flash estimate includes change forecast of all economics at constant prices.Calculations are based on short-term statistics data and econometric models available at the moment.

Prepared by National Accounts Section
Elita Kalniņa
Tel. 67366961
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